Yew-Kwang Ng

Yew-Kwang Ng

Name	Yew-Kwang Ng
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Alma mater	University of Sydney
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Years active
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Known for	Welfare Economics, Happiness Economics
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Yew-Kwang Ng is a prominent economist known for his contributions to welfare economics and happiness economics. He has been influential in integrating psychological insights into economic theory, particularly in the context of human well-being and public policy.

Early Life and Education

Yew-Kwang Ng was born in Malaysia. He pursued his higher education at the University of Sydney, where he obtained his Ph.D. in economics. His early academic work laid the foundation for his later contributions to welfare economics.

Academic Career

Ng has held various academic positions throughout his career, most notably at Monash University in Australia. His work has been recognized internationally, and he has been a visiting scholar at several prestigious institutions.

Contributions to Economics

Welfare Economics

Ng's work in welfare economics has focused on the measurement of social welfare and the implications of economic policies on societal well-being. He has argued for the importance of considering both economic efficiency and equity in policy-making.

Happiness Economics

In the field of happiness economics, Ng has been a pioneer in advocating for the inclusion of happiness and subjective well-being measures in economic analysis. He has explored the paradoxes of happiness, such as why increases in income do not always lead to increases in happiness, known as the Easterlin Paradox.

Environmental Economics

Ng has also contributed to environmental economics, particularly in the context of sustainable development and the valuation of environmental goods. He has emphasized the need for policies that balance economic growth with environmental preservation.

Publications

Ng has authored numerous books and articles, including "Welfare Economics: Towards a Complete Analysis" and "Happiness and Public Policy: Theory, Case Studies and Implications." His work is widely cited in the fields of economics and public policy.

Awards and Honors

Ng has received several awards for his contributions to economics, including recognition from academic societies and institutions worldwide. His work continues to influence both theoretical and applied economics.

Also see

• Welfare Economics
• Happiness Economics
• Environmental Economics
• Easterlin Paradox